SEC-S19 / W3 | "Money or Peace?"

Money refers to anything that is generally acceptable as a medium of exchange for goods and services. It acts as a unit of account, a store of value, and a means of deferred payment. In simple words, it's something you use to buy things and settle off debts.

Peace can refer to a state of tranquility, both within ourselves (free from worry) and in the world around us (absence of conflict). It embodies both the inner peace we feel and the active efforts to create a peaceful society.

Money and peace are two fundamental aspects of life that often come into conflict. While money can provide security and freedom, the unrest pursuit of it can lead to stress, anxiety, there by neglecting important aspects of life that contribute to peace.

On the other hand, peace of mind is essential for overall well-being of an individual and can even be a source of motivation to pursuing financial goals.

Judgementally, the ideal solution is to find a balance between these two. Having enough money to cover our basic needs and some of our wants can add to peace of mind, however, it's important to not prioritize money above all, else it might comes at the cost of your well-being and happiness.

Guidelines

Are we all sacrificing our peace to make money?

Not everyone is sacrificing their peace for money, and some people find joy and purpose in carrying out their day-to-day activities , purpose in the career, and this intent brings them peace of mind. Add into this, financial security Can also be a contribution to peace as we are able to fulfill our basic necessities and healthcare.

However, many might find it so difficult to find a balance between the two, As long hours of work, financial insecurity and societal pressure to get worth Can contribute unrest State of mind. This reduce our happiness and peace of mind.

Which is wiser to spend and earn or to spend after earning and saving?

It is Wise to spend after you earn and allocate a portion of your income towards savings. With this strategy, often referred to as "pay yourself first," ensures you build a safety net and work towards your financial objectives. Saving can cover unexpected expenses, help you reach your long-term financial goals, and promote mindful spending habits.

If you spending and earning is taking from your reserve with adding more to it. The problem arises when you go above ur wants. There's a serious problem as you might soon drained out financially.

Apart from money, what brings me peace and happiness?

Apart from money what brings me happiness, Tough one right there, based on the state of our economy and our day-to-day life, not having money is a serious contribution to unrest peace of mind.

However, keeping awaited money aspect, I find joy in helping others, charity, finding happiness in my hobbies such as swimming, going out on work to the park, and traveling. With these activities , I am able take my mind of money and focus on the moment for a while.

To conclude Money and peace are two intertwined aspects of life. Where financial security can contribute to peace of mind, effortless pursuing wealth can be deteriorating to well-being. Finding a balance between the two is the key. Aim to prioritize your financial goals and needs by saving a portion of your income before spending. This approach can get you closer to financial security and peace of mind.

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Credit to: @rafk

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